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Established AI field signal Development 6d ago

Databricks is Raising a Strategic Round of Funding at a $188 Billion Valuation

2 experts are actively discussing the implications.

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mmullins.coginiti.co

“Somebody make it make sense. Databricks is raising yet additional funding, beyond their last 16th round of funding, at a valuation that is north of 35x current revenue. #databs”

2 experts discussed this · 4 posts
mmullins.coginiti.co: Somebody make it make sense. Databricks is raising yet additional funding, beyond their last 16th round of funding, at a valuation that is north of 35x current revenue. #databs
mmullins.coginiti.co: My friend @jdlong.cerebralmastication.com points out that the current Databricks valuation isn't much above the current nasdaq 100 P/E ratio.
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Primary source databricks.com ↗